465 W SOUTH ST, Frederick, MD 21701
465 W SOUTH ST, Frederick, MD 21701
465 W SOUTH ST, Frederick, MD 21701
465 W SOUTH ST, Frederick, MD 21701
465 W SOUTH ST, Frederick, MD 21701
465 W SOUTH ST, Frederick, MD 21701
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$ 525,000
Est. payment | /mo

2 Beds

1 Bath

1,068 SqFt


Save
$ 525,000
Est. payment | /mo
Save

2 Beds

1 Bath

1,068 SqFt

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,068 sqft

Price per Sqft $491

Lot Size 8,913 Sqft

MLS Listing ID MDFR2080234

Style Traditional

Subdivision Downtown Frederick

Bedrooms 2

Full Baths 1

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

Property Description

Charming and well-located 2-bedroom rowhome in downtown Frederick offering a rare combination of comfortable living and private off-street parking for the home, along with 9 garage units and 13 parking spots - making this a rare find with exceptional income-generating potential. The home underwent a full renovation in 2019, including addition of an HVAC system, and has been well maintained, including recent exterior and interior painting. It has a history of successful use as both a short-term and long-term rental. One full bathroom is on the main level, with an additional toilet in basement (often found in pre-WWII homes, this historic property was built in 1860!).

A standout feature is the extensive on-site parking infrastructure. The property includes private off-street parking for two vehicles directly behind the home, providing convenient residential access. In addition, the rear lot offers 13 rentable parking spaces and 9 garage units, creating significant flexibility and utility not commonly found in the area.

Substantial improvements were completed in 2022, including structural shoring and stabilization of all garage units to ensure long-term integrity. The entire lot was re-graded, leveled, and re-gravelled, and surrounding trees were trimmed back to improve access, usability, and safety. In 2024, the garage roof was treated with protective tar coating to extend durability. All garages are equipped with electric service (metered separately from house), and the property is further enhanced with installed security cameras.

A rare opportunity to own a residential property with substantial on-site parking capacity, storage, and income-producing potential in a highly desirable Frederick location.

Leases available upon request. The main residence will be delivered vacant after May 31st, providing an ideal opportunity for owner-occupants or new market-rate tenants. Existing garage and parking leases offer immediate cash flow with the flexibility for the new owner to retain or terminate.

Residential zoning. Buyer advised to perform due diligence regarding all building and development potential.

Location

State MD

County Frederick

Zoning DR

Rooms

Other Rooms Living Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1

Basement Full, Poured Concrete, Unfinished

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C, Ceiling Fan(s)

Fireplace N

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Other

Garage Spaces 22

Waterfront N

Water Access N

Accessibility None

Parking Type Detached Garage, Parking Lot

Total Parking Spaces 22

Building

New Construction N

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Story 3

Additional Building Above Grade

Schools

School District Frederick County Public Schools

Others

Senior Community No

Tax Amount $7,103

Tax Year 2026

Tax ID 1102067226

Ownership Fee Simple

SqFt Source 1068

Security Features Exterior Cameras

Special Sale Standard

Bright MLS (BMLS)
Listed by Maureen Foley • Charis Realty Group

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465 W SOUTH ST